Goodyear to launch 13 commercial products

Posted on April 28, 2010

"Our new product engine is as strong as ever," Richard Kramer, Goodyear Tire & Rubber Co.'s CEO and president, told investors during a conference call held earlier today, April 28.

Goodyear will introduce 13 new commercial products in North America this year, said Kramer.

The Akron, Ohio-based tiremaker launched 62 products last year, "and we've already introduced 17 new products in the first quarter," including the Goodyear Assurance ComforTred Touring, whose sales have exceeded original projections.

Kramer also addressed Goodyear's manufacturing capacity. He pledged to "reduce excess high-cost capacity" by 15 million to 25 million units.

"Our primary focus is on our North America facilities. I recently visited a number of facilities" and was impressed "by the signs of engagement and improvement that give me confidence that progress (toward more efficient manufacturing) is happening."

Goodyear published its first quarter result earlier today. For more information, see Goodyear posts sales gain, net loss for 1Q.

Related Topics: commercial tires, consumer tires, Goodyear, tire production

Comments ( 0 )
More Stories
News Acima’s New Partnership Will Expand 1stMile Financing Options for Tire Purchases

Merchant Partners LLC and Acima LLC have agreed to a strategic partnership designed to make automotive financing more accessible to American households. The move is intended to make no-credit-needed financing more readily available to subprime markets across the United States.

Hankook says its iFlex airless concept tire is an example of the importance of materials in the development of eco-friendly tires. The urethane UNI-material consumes less energy during production and makes recycling easy. Tests have shown the tire can match conventional tires in terms of performance.
Article Finding the Potential in Green Tires

Dandelions. Orange oil. Soybean oil. Guayule. With each new experiment in the building process, it’s clear tire makers are in the hunt for sustainable substitutes for rubber compounding materials in the tire manufacturing process.

News Simple Tire and RNR Tire Express Are Among America's Fastest Growing Companies

Simple Tire LLC has made a big splash in its first year on the Inc. 5000 list of the fastest growing private companies in the U.S.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!